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Climate (English)

World Bank and IMF: How member states are slowing down the reform process

At the annual meeting of the World Bank and IMF, observers and NGOs praise the reform efforts – and warn that this momentum is dwindling. The member states should provide more money, but there is little sign of this. Germany and the ECB also continue to reject an important lever for more climate financing.

By Nico Beckert

Climate finance needs strong partnerships and more private investment

At the meeting of the World Bank and the International Monetary Fund, Ingrid-Gabriela Hoven, Deputy Chair of the GIZ Management Board, calls for a paradigm shift in climate financing: More private investment, a strong role for governments, and banks must systematically take climate risks into account.

By Experts Table.Briefings

Oil and gas: Flaring emissions on the rise

In 2023, much more associated gas was flared during oil and gas production than in the previous year, increasing CO2 emissions by seven percent. Yet reducing flaring is actually considered a climate action measure that can be implemented quickly.

By Nico Beckert